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Microsoft and Yammer officially tie the $1.2 billion knot
Microsoft Corp. and Yammer Inc. today made it official. Microsoft will acquire the enterprise social network company for $1.2 billion in cash.
MySpace Sold to Specific Media for $35 Million
Beverly Hills, Calif. — MySpace was reportedly sold Wednesday for $35 million to advertising network Specific Media, according to an exclusive on the Wall...
Diddy brings social media savvy to Revolt network [with video]
Sean “Diddy” Combs has promised Revolt, his new cable network inspired by music and pop culture, will feature social media interaction for both artists and fans when it launches in 2013.
Google Takes Another Run At Social Networking With Shoelace
The Verge reports: "Google’s in-house incubator, Area 120, is working on a new social networking app called Shoelace which is aimed at organizing local...
6waves Lolapps Grows with Smartron5 Acquisition
Continuing its international expansion, social and mobile game developer and publisher 6waves Lolapps announced its acquisition Smartron5. Smartron5's chief operating office Gage Galinger will become 6waves Lolapps' vice president of Content Development and will head up operations for the company in China.
Facebook Unfair and Deceptive?
Numerous privacy advocates and two Congressmen have made clear their concerns over the Facebook changes that the company announced on Sept. 22. One coalition in particular on Thursday officially asked the Federal Trade Commission to look into whether Facebook was set up so that users were sharing more information than they realized. Representatives Joe Barton (R-Texas) and Edward Markey (D-Mass.), co-chairs of the Congressional Bi-Partisan Privacy Caucus, also have requested an FTC probe of Facebook.
Facebook clicks with Instagram in $1 billion acquisition
Instagram has grown from creating photo memories to creating millionaires. Facebook bought the startup for about $1 billion in cash and stock.
Facebook Buys Interactive Publisher
Facebook has acquired Push Pop Press, the interactive book publisher best known for Al Gore's Our Choice, which was released earlier this year in...
Comedy and creativity lead Webby 2012 nominees [with video]
The Webby Awards is almost like a yearbook for everyone involved in digital media. Now in its 16th year, the 2012 nominees include Google+, Funny or Die, HBO Go, Spotify, Tim Tebow, Pinterest, Mashable, Twitter, YouTube and Facebook.
BumeBox Puts Online Events on Professional Platform
BumeBox, a startup based in Palo Alto, Calif., formally launched its real-time promotional platform today after running a successful trial and working with two...
